+1-415-670-9189
info@expertsmind.com
Personal financial planning
Course:- Term Paper
Reference No.:- EM13387




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Term Paper

The basic requirement is the preparation of a financial report that provides specific advice for client.

Jossiah and Jemima Benson have recently married and in planning their future have decided to solicit the services of a financial advisor with the aim of implementing their short and long term financial plans and lifestyle goals. Jossiah and Jemima are both aged 28.

For their immediate future they have decided they want to purchase a new house and a new car. The house they want has a value of $400,000 and they are very excited as both Jossiah and Jemima have never owned a home before. They would also like to buy a new car for $60,000, however are unsure whether to purchase the car outright or salary sacrifice in order to obtain the car. They expect to travel approximately 35,000 km per year.

Their longer term plans involve establishing a fairly aggressive investment portfolio with the aim of directly purchasing an investment property and investing in a share portfolio of some sort amongst other strategies that you may recommend. They have also heard from a friend that margin lending can be a profitable and expedite way to achieve their goals.

Jossiah works as a minister for a local church and earns $70,000 gross income, while Jemima works for a kindergarten and earns $55,000 gross income. They also enjoy taking holidays and plan to have a holiday each year to the value of $5,000 with an around the world trip planned for five years time to the value of $20,000. Jossiah and Jemima are also keen to retire early and are quite willing to take on additional risk if this assists in them achieving their lifestyle goals faster. They have managed to save between them $180,000 in cash and are looking forward to your advise on how they should go about planning for their future lives together.

Report contains

Background

Objectives

  • Return Objective
  • Risk Objective

Constraints

  • Liquidity
  • Time Horizon
  • Taxes
  • Legal and Regulatory
  • Unique circumstances

Capital Market expectation

Asset allocation

Review

Investment Policy Statement

Returns

Risk Objective

Liquidity

Time Horizon

Tax rate

Legal and Regulatory Requirement

Unique Needs

Asset Allocation

Capital market expectation

Conclusion

Bibliography




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Term Paper) Materials
You need to  select and present their own researchable topic for the research proposal in this course .Students are not limited to the topic suggestions listed in exercise
I have chosen to write a term paper for my Biology class and I need help getting the right research done. The topic of my term paper is Nature vs. Technology. The paper will b
Calculating costs and benefits of replacing the lighting and installing the solar panels and using the information as components of the Environmental Management Plan in your b
Identify and describe the facts of each case separately, the individuals or groups involved, the perpetrators, declared objectives, the authorities, reaction, and the eventu
Comparison of similarities and differences of this establishment and other similar establishments you know about Nature of the treatment of customers in the establishment Rela
Write a paper about Picasso's Blue Period/ "The Old Guitarist"?. While traveling in Europe Picasso was able explore his emotions and discover his "early" artistic ability.
Write-up. In 1200 words (no less) explain: a) briefly describe the type of breach you performed and in what location(s); b) summarize some of the responses you received from
summary that paragraph.In history, when one group of people needs to declare itself free from another, and to become free as God and Nature intends them to be, it is necessary